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For Sale

1062 – 1066 Dundas Street E, London East, ON N5W 3A6

$1,100,000

  • Commercial Retail
  • MLS® X13602992

Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

Description

Prime high-visibility corner investment property located at 1066 Dundas St, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106,600 in annual income.1062 Dundas St operates as a well-established owner-run laundromat generating approximately $50,000/year, with the business included in the sale.1064 Dundas St is leased to a barber shop at $10,200/year plus utilities.1066 Dundas St features a main floor retail unit rented for $1,700/month, a two-bedroom apartment rented for $1,250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1,000/month. The partially finished basement is currently used as a workshop. Strategically located next to The Factory entertainment complex and the Hard Rock Hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown London amenities. DC zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. EXTRAS: Property sold "as is, where is" with no warranties or representations. No financial statements available due to Seller's age. HST is in addition to the purchase price.

Property details

MLS® number
X13602992
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
East G
City
London East
Building area
5400 Square Feet
Lot width
50.03 Feet
Lot depth
108.2 Feet
Approximate age
31-50
Heating
Gas Forced Air Closed
Cooling
Partial
Garage
None
Taxes
$7,422.75
Tax year
2025
Business type
Retail Store Related
Retail area
2400
Clear height (ft)
10
Listing brokerage
CENTURY 21 FIRST CANADIAN CORP

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